Primo Chemicals Ltd. benchmarking: Performance to industry peers

Financial

	Primo Chemicals	Chemfab Alkalis	TN Petro Products
Operational Metrics
Chemicals
Capacity Utilization - Caustic Soda	91.0 %	n/a	n/a
Manufacturing Capacity - Caustic Soda	165000.0 MTPA	n/a	56100.0 MTPA
Capacity Utilization - Chlorine Gas	75.08 %	n/a	n/a
Realization / Tonne - Caustic Soda	51179.0 Rs/MT	n/a	n/a
Capacity Utilization - Hydrochloric Acid	135.76 %	n/a	n/a
Capacity Utilization - Hydrogen Gas	86.76 %	n/a	n/a
Financials
5 yr Average ROE	12.83 %	6.86 %	13.7 %
5yr average Equity Multiplier	1.98	1.29	1.35
5yr Average Asset Turnover Ratio	0.82	0.66	1.62
5yr Avg Net Profit Margin	6.07 %	6.31 %	6.26 %
Price to Book	1.51	1.65	0.8
P/E	39.83	0.0	6.7
5yr Avg Cash Conversion Cycle	-100.62 Days	-62.76 Days	10.38 Days
Inventory Days	13.21 Days	17.94 Days	24.81 Days
Days Receivable	25.55 Days	22.78 Days	17.94 Days
Days Payable	153.4 Days	114.25 Days	29.24 Days
5yr Average Interest Coverage Ratio	7.87	47.1	21.92
5yr Avg ROCE	17.17 %	10.86 %	16.62 %
5yr Avg Operating Profit Margin	10.97 %	19.44 %	8.36 %
5 yr average Debt to Equity	0.29	0.08	0.07
5yr CAGR Net Profit	-15.45 %	-3.12 %	-14.3 %
5yr Average Return on Assets	6.1 %	4.87 %	10.25 %
Shareholdings
Promoter Holding	32.4 %	72.13 %	34.54 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	1.05 %	-0.98 %	0.0
Change in Mutual Fund Holding (3 Yrs)	0.0	0.0	-0.01 %

	Primo Chemicals	Chemfab Alkalis	TN Petro Products
Product Wise Break-Up	Product Wise Break-Up Caustic Soda Lye 100.0 PVC-O Pipes 0 Hydrogen 0 Sodium Chlorate 0 Chlorine 0 Caustic Soda Flakes 0 Propylene Oxide 0 Chlorine and its Dervatives 0 Linear Alkyl Benzene 0	Product Wise Break-Up Hydrogen 0.82 Sodium Chlorate 0 Chlorine 0.07 PVC Pipes 10.04 Caustic Soda Flakes 1.52 Propylene Oxide 0 Linear Alkyl Benzene 0 Caustic Soda Lye 12.71 Chlorine and its Dervatives 0 Others 74.84	Product Wise Break-Up Hydrogen 0 Sodium Chlorate 0 Chlorine 0 PVC-O Pipes 0 Caustic Soda Flakes 0 Propylene Oxide 6.55 Linear Alkyl Benzene 81.26 Caustic Soda Lye 8.13 Chlorine and its Dervatives 0 Others 4.06
Location Wise Break-Up	Location Wise Break-Up India 100.0 Rest of the World 0	Location Wise Break-Up Rest of the World 0.29 India 99.71	Location Wise Break-Up Rest of the World 0.04 India 99.96
Raw Material Break-Up	Raw Material Break-Up Salt 70.54 Barium Carbonate 5.95 Soda Ash 1.98 sulphuric acid 1.67 Normal Paraffin 0 Benzene 0 Kerosene 0 others 0 Propylene 0 Others 19.86	-	Raw Material Break-Up Propylene 6.55 Benzene 26.62 Salt 1.92 Kerosene 44.73 Barium Carbonate 0 Normal Paraffin 18.26 Soda Ash 0 sulphuric acid 0 Others 1.92